TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?

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TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?

investorplace2021-09-15

The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC ...

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Kennchua
·2021-09-16
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·2021-09-15
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Of course, it doesn’t help when a company going public by way of a SPAC ...</p>\n\n<a href=\"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC ...</p>\n\n<a href=\"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TMC","symbol_name":"The Metals Company","start_time":0,"source_url":"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/","article_id":"1150720887","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150720887","pubTimestamp":1631671361,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that s","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TMC":"The Metals Company"},"translate_title":"TMC股票：在与SPAC合并后，这家金属公司发生了什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TMC":0.9},"content_text":"The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC merger is coming to market with a history of controversy. For The Metals Company(NASDAQ:TMC), known previously as DeepGreen Metals, that is exactly the case. TMC stock has seen significant volatility since its public debut and this morning’s events indicate that no change is in sight.\nTMC stock began trading on Friday, Sept. 10. It saw a generally good opening day, with share prices moving gradually upward with only slight and periodic downticks. The stock is up 14.5% over the past five days and although it rose by 30% yesterday, today has seen itdeclineby 2.57% as of this writing.\nThat said, it is early in the trading day and TMC stock is already rebounding.\nWhat It Means\nAs noted, this type of early trading volatility is not unusual for a SPAC. For a company such as TMC, it is not surprising at all, given the many investors who pulled out of the deal prior to the merger, leaving the company with sufficiently less cash than it had initially boasted upon valuation.\nAs SPAC peer Hippo Holdings(NYSE:HIPO) can attest, having early stage investors pull out close to your debut can easily send shares plunging and make future investors question your long-term sustainability and growth potential.\nAdditionally, those who are hesitant to take a bullish perspective on TMC stock have other cause for concern. While the company boasts a business model that sounds promising — mining ocean minerals that are used in battery production — its sustainability-focused marketing has drawn significant skepticism. Specifically, it has led to accusations of greenwashing, aggressively pushing an environmental narrative to distract from the questionable practices happening, quite literally, below the surface. For companies seeking eco-friendly capital, this type of marketing can be difficult to resist.\nWhat’s Next for TMC Stock?\nThere’s no denying that this company is operating in a market with plenty of potential. Battery production is a key component of the red-hot electric vehicle market and the elements that go into it have yielded some companies excellent market results.\nWith that in mind, though, there are plenty of reasons for investors to tread carefully when dealing with TMC stock. The trend of investors withdrawing is worrisome enough, but the company’s questionable environmental practices also raise some questions that leave room for concern.\nWhile this is absolutely a stock worth watching, going long on an investment at such an early stage is still quite risky. 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Of course, it doesn’t help when a company going public by way of a SPAC merger is coming to market with a history of controversy. For&nbsp;<b>The Metals Company</b>(NASDAQ:<b><u>TMC</u></b>), known previously as DeepGreen Metals, that is exactly the case. TMC stock has seen significant volatility since its public debut and this morning’s events indicate that no change is in sight.</p>\n<p>TMC stock began trading on Friday, Sept. 10. It saw a generally good opening day, with share prices moving gradually upward with only slight and periodic downticks. The stock is up 14.5% over the past five days and although it rose by 30% yesterday, today has seen itdeclineby 2.57% as of this writing.</p>\n<p>That said, it is early in the trading day and TMC stock is already rebounding.</p>\n<p>What It Means</p>\n<p>As noted, this type of early trading volatility is not unusual for a SPAC. For a company such as TMC, it is not surprising at all, given the many investors who pulled out of the deal prior to the merger, leaving the company with sufficiently less cash than it had initially boasted upon valuation.</p>\n<p>As SPAC peer&nbsp;<b>Hippo Holdings</b>(NYSE:<b><u>HIPO</u></b>)&nbsp;can&nbsp;attest, having early stage investors pull out close to your debut can easily send shares plunging and make future investors question your long-term sustainability and growth potential.</p>\n<p>Additionally, those who are hesitant to take a bullish perspective on TMC stock have other cause for concern. While the company boasts a business model that sounds promising — mining ocean minerals that are used in battery production — its sustainability-focused marketing has drawn significant skepticism. Specifically, it has led to&nbsp;accusations&nbsp;of greenwashing, aggressively pushing an environmental narrative to distract from the questionable practices happening, quite literally, below the surface. For companies seeking eco-friendly capital, this type of marketing can be difficult to resist.</p>\n<p>What’s Next for TMC Stock?</p>\n<p>There’s no denying that this company is operating in a market with plenty of potential. Battery production is a key component of the red-hot electric vehicle market and the elements that go into it have yielded some companies&nbsp;excellent market results.</p>\n<p>With that in mind, though, there are plenty of reasons for investors to tread carefully when dealing with TMC stock. The trend of investors withdrawing is worrisome enough, but the company’s questionable environmental practices also raise some questions that leave room for concern.</p>\n<p>While this is absolutely a stock worth watching, going long on an investment at such an early stage is still quite risky. TMC has claimed to be a sustainable company but that does not mean that its growth will be.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC ...</p>\n\n<a href=\"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMC":"The Metals Company"},"source_url":"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150720887","content_text":"The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC merger is coming to market with a history of controversy. For The Metals Company(NASDAQ:TMC), known previously as DeepGreen Metals, that is exactly the case. TMC stock has seen significant volatility since its public debut and this morning’s events indicate that no change is in sight.\nTMC stock began trading on Friday, Sept. 10. It saw a generally good opening day, with share prices moving gradually upward with only slight and periodic downticks. The stock is up 14.5% over the past five days and although it rose by 30% yesterday, today has seen itdeclineby 2.57% as of this writing.\nThat said, it is early in the trading day and TMC stock is already rebounding.\nWhat It Means\nAs noted, this type of early trading volatility is not unusual for a SPAC. For a company such as TMC, it is not surprising at all, given the many investors who pulled out of the deal prior to the merger, leaving the company with sufficiently less cash than it had initially boasted upon valuation.\nAs SPAC peer Hippo Holdings(NYSE:HIPO) can attest, having early stage investors pull out close to your debut can easily send shares plunging and make future investors question your long-term sustainability and growth potential.\nAdditionally, those who are hesitant to take a bullish perspective on TMC stock have other cause for concern. While the company boasts a business model that sounds promising — mining ocean minerals that are used in battery production — its sustainability-focused marketing has drawn significant skepticism. Specifically, it has led to accusations of greenwashing, aggressively pushing an environmental narrative to distract from the questionable practices happening, quite literally, below the surface. For companies seeking eco-friendly capital, this type of marketing can be difficult to resist.\nWhat’s Next for TMC Stock?\nThere’s no denying that this company is operating in a market with plenty of potential. Battery production is a key component of the red-hot electric vehicle market and the elements that go into it have yielded some companies excellent market results.\nWith that in mind, though, there are plenty of reasons for investors to tread carefully when dealing with TMC stock. The trend of investors withdrawing is worrisome enough, but the company’s questionable environmental practices also raise some questions that leave room for concern.\nWhile this is absolutely a stock worth watching, going long on an investment at such an early stage is still quite risky. TMC has claimed to be a sustainable company but that does not mean that its growth will be.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":882845405,"gmtCreate":1631678398107,"gmtModify":1676530607030,"author":{"id":"3580376639553291","authorId":"3580376639553291","name":"kerukel88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580376639553291","authorIdStr":"3580376639553291"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882845405","repostId":1150720887,"repostType":4,"repost":{"id":"1150720887","pubTimestamp":1631671361,"share":"https://ttm.financial/m/news/1150720887?lang=&edition=fundamental","pubTime":"2021-09-15 10:02","market":"us","language":"en","title":"TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?","url":"https://stock-news.laohu8.com/highlight/detail?id=1150720887","media":"investorplace","summary":"The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that s","content":"<p>The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC merger is coming to market with a history of controversy. For&nbsp;<b>The Metals Company</b>(NASDAQ:<b><u>TMC</u></b>), known previously as DeepGreen Metals, that is exactly the case. TMC stock has seen significant volatility since its public debut and this morning’s events indicate that no change is in sight.</p>\n<p>TMC stock began trading on Friday, Sept. 10. It saw a generally good opening day, with share prices moving gradually upward with only slight and periodic downticks. The stock is up 14.5% over the past five days and although it rose by 30% yesterday, today has seen itdeclineby 2.57% as of this writing.</p>\n<p>That said, it is early in the trading day and TMC stock is already rebounding.</p>\n<p>What It Means</p>\n<p>As noted, this type of early trading volatility is not unusual for a SPAC. For a company such as TMC, it is not surprising at all, given the many investors who pulled out of the deal prior to the merger, leaving the company with sufficiently less cash than it had initially boasted upon valuation.</p>\n<p>As SPAC peer&nbsp;<b>Hippo Holdings</b>(NYSE:<b><u>HIPO</u></b>)&nbsp;can&nbsp;attest, having early stage investors pull out close to your debut can easily send shares plunging and make future investors question your long-term sustainability and growth potential.</p>\n<p>Additionally, those who are hesitant to take a bullish perspective on TMC stock have other cause for concern. While the company boasts a business model that sounds promising — mining ocean minerals that are used in battery production — its sustainability-focused marketing has drawn significant skepticism. Specifically, it has led to&nbsp;accusations&nbsp;of greenwashing, aggressively pushing an environmental narrative to distract from the questionable practices happening, quite literally, below the surface. For companies seeking eco-friendly capital, this type of marketing can be difficult to resist.</p>\n<p>What’s Next for TMC Stock?</p>\n<p>There’s no denying that this company is operating in a market with plenty of potential. Battery production is a key component of the red-hot electric vehicle market and the elements that go into it have yielded some companies&nbsp;excellent market results.</p>\n<p>With that in mind, though, there are plenty of reasons for investors to tread carefully when dealing with TMC stock. The trend of investors withdrawing is worrisome enough, but the company’s questionable environmental practices also raise some questions that leave room for concern.</p>\n<p>While this is absolutely a stock worth watching, going long on an investment at such an early stage is still quite risky. TMC has claimed to be a sustainable company but that does not mean that its growth will be.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTMC Stock: What Is Going on With The Metals Company After Its SPAC Merger?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC ...</p>\n\n<a href=\"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TMC":"The Metals Company"},"source_url":"https://investorplace.com/2021/09/tmc-stock-what-is-going-on-with-the-metals-company-after-its-spac-merger/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150720887","content_text":"The special purpose acquisition company (SPAC) market has been turbulent this season, a trend that shows no signs of subsiding. Of course, it doesn’t help when a company going public by way of a SPAC merger is coming to market with a history of controversy. For The Metals Company(NASDAQ:TMC), known previously as DeepGreen Metals, that is exactly the case. TMC stock has seen significant volatility since its public debut and this morning’s events indicate that no change is in sight.\nTMC stock began trading on Friday, Sept. 10. It saw a generally good opening day, with share prices moving gradually upward with only slight and periodic downticks. The stock is up 14.5% over the past five days and although it rose by 30% yesterday, today has seen itdeclineby 2.57% as of this writing.\nThat said, it is early in the trading day and TMC stock is already rebounding.\nWhat It Means\nAs noted, this type of early trading volatility is not unusual for a SPAC. For a company such as TMC, it is not surprising at all, given the many investors who pulled out of the deal prior to the merger, leaving the company with sufficiently less cash than it had initially boasted upon valuation.\nAs SPAC peer Hippo Holdings(NYSE:HIPO) can attest, having early stage investors pull out close to your debut can easily send shares plunging and make future investors question your long-term sustainability and growth potential.\nAdditionally, those who are hesitant to take a bullish perspective on TMC stock have other cause for concern. While the company boasts a business model that sounds promising — mining ocean minerals that are used in battery production — its sustainability-focused marketing has drawn significant skepticism. Specifically, it has led to accusations of greenwashing, aggressively pushing an environmental narrative to distract from the questionable practices happening, quite literally, below the surface. For companies seeking eco-friendly capital, this type of marketing can be difficult to resist.\nWhat’s Next for TMC Stock?\nThere’s no denying that this company is operating in a market with plenty of potential. Battery production is a key component of the red-hot electric vehicle market and the elements that go into it have yielded some companies excellent market results.\nWith that in mind, though, there are plenty of reasons for investors to tread carefully when dealing with TMC stock. The trend of investors withdrawing is worrisome enough, but the company’s questionable environmental practices also raise some questions that leave room for concern.\nWhile this is absolutely a stock worth watching, going long on an investment at such an early stage is still quite risky. TMC has claimed to be a sustainable company but that does not mean that its growth will be.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5874170,"gmtCreate":1631678403336,"gmtModify":1663233904945,"authorId":3580376639553291,"author":{"id":3580376639553291,"idStr":"3580376639553291","authorId":3580376639553291,"name":"kerukel88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":882845405,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":51,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}